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    341 44Th St New York, NY 10036

    Sponsored
    For Sale
    $4,800,000

    7,220 SF Retail Space, 3 Units

    Property size:
    7,220 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7,220-square-foot retail property at 341 West 44th Street in New York City presents a unique owner-user opportunity. Priced at $4,800,000 ($762 per square foot), this three-story building boasts a 25-foot wide frontage on a vibrant stretch of West 44th Street, situated between 8th and 9th Avenues. The property will be delivered vacant, offering immediate occupancy for a new owner. Benefitting from flexible C6-2/R8 Equivalent/CL zoning, the space allows for diverse commercial and residential development possibilities. Its location within the Special Clinton District is notable, yet it does not require a Certificate of Non-Harassment. Enjoy unparalleled convenience with its proximity to Times Square and the Midtown business district, just two blocks away. Excellent public transportation is readily accessible, with multiple subway lines (A, C, E, N, Q, R, S, W, 1, 2, 3, 7) located on the same block. The property also benefits from the vibrant atmosphere of nearby 9th Avenue's restaurants and bars, and the renowned Restaurant Row on West 46th Street. The lot size is 2,511 square feet. This is an ideal investment for an owner-user seeking a high-visibility location in a bustling area of Manhattan.

    Property Features for 341 44Th St

    General Information

    Property type
    Retail properties
    Square Feet
    7,220 SF

    Building Details

    Stories
    3
    Units
    3

    HighLights

    • 25‑foot wide commercial lot on West 44th Street between 8th and 9th Avenues.
    • Vacant delivery.
    • No Certificate of Non‑Harassment required despite Special Clinton District location.
    • Flexible zoning permits residential or commercial use.
    • Two blocks from Times Square and Midtown.
    • One block from multiple subway lines (A, C, E, N, Q, R, S, W, 1, 2, 3, 7).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9905754
    Latitude
    40.7594972

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    FAQs

    What type of property is this?
    Retail property - 7,220 SF Retail Space, 3 Units
    Where is this retail property located?
    The property is located at 341 44Th St New York, NY.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: 25-foot wide commercial lot on West 44th Street between 8th and 9th Avenues.; Vacant delivery.; No Certificate of Non-Harassment required despite Special Clinton District location.
    (212) 544-9500
    Request Owner's contact information
    341 44Th St New York, NY 10036
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    New York, NY 10036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    341 44Th St New York, NY 10036
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